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smart card
(redirected from Integrated chip card)

   Also found in: Acronyms, Encyclopedia, Wikipedia 0.06 sec.

smart card

Plastic card with an embedded microprocessor and/or memory. It can store, for example, personal data, identification, and bank-account details, to enable it to be used as a credit or debit card. The card can be loaded with credits, which are then spent electronically, and reloaded as needed. Possible other uses range from hotel door ‘keys’ to passports and mobile telephone SIM (Subscriber Identity Module) cards.

The smart card was invented by French journalist Juan Moreno in 1974. Smart cards now have as much computing power as the leading personal computers of 1990.



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ACI Worldwide (Nasdaq:TSAI), a leading international provider of enterprise e-payment solutions, today announced the licensing of its integrated chip card technology to Standard Bank Group, the largest banking group in Africa ranked by assets and earnings.
Type B Smart Card is a multi-functional integrated chip card that can be used as an electronic ID/cash card.
Additional functionality to the HSM includes integrated chip card transactions for cryptographic commands supporting transaction processing and management of master keys.
 
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